Entera Bio secures record $275M PIPE to fund EB613 Phase 3.
Oversubscribed PIPE and extended runway reduce near-term financial risk and support key Phase 3 program, potentially lifting valuation, though dilution risk remains.
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Oversubscribed PIPE and extended runway reduce near-term financial risk and support key Phase 3 program, potentially lifting valuation, though dilution risk remains.
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Entera Bio announced an oversubscribed $275 million PIPE financing, extending its cash runway into 2030 and fully funding EB613 Phase 3. EB613 is the first oral PTH (1-34) tablet for osteoporosis. The deal, the largest Israeli biotech PIPE on record, signals strong investor interest but introduces dilution risk alongside potential upside from imminent Phase 3 milestones.
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